standstill agreement

More Like This

Show all results sharing this subject:

  • Financial Institutions and Services


Show Summary Details

Quick Reference

1 An agreement between two countries in which a debt owed by one to the other is held in abeyance until a specified date in the future.

2 An agreement between an unwelcome bidder for a company and the company, in which the bidder agrees to buy no more of the company's shares for a specified period.

3 An arrangement between banks who have loans to a company in trouble, in which they each agree to maintain their existing credit facilities and not to force the company into receivership by acting alone.

Subjects: Financial Institutions and Services.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.